Welcome to passive real estate investing to show where busy people like you learn how to build

substantial passive income while creating wealth for the long term and now here's your

host Marco Santorelli.

Welcome to Passive Real Estate Investing.

I'm your host, Marco Santorelli.

And on today's show we're going to talk a little bit about taxes, but this is something you want to hear about because nobody likes to pay taxes,

especially more than you have to. And when it comes to the sale of real estate or businesses,

if you're a real estate investor or a business owner at some point in time

you're going to want to sell or trade your business or your real estate and at that point

it becomes a bit of a struggle because you're going to

be forced to pay capital gains tax on those assets that you sell. Well most of us

are familiar with the 1031 exchange and that's not what this episode is about. But whether you're familiar with it or not,

this is something that you should learn more about and there are other options out there as you're

going to learn today.

So the problem with a 1031 exchange is first and foremost you're tied to a timeline.

You have 45 days to identify your properties that you want to trade or purchase.

And the second thing is you have a hundred and only a hundred and

and 80 days to close on them.

So it's sometimes a bit of a struggle for investors, you know feeling pressure to

rushed or trapped and forced to make quick decisions because of those rules and

regulations around that tax-deferred exchange and it's only one option that has limited flexibility

but what if you can do a tax deferred sale and have complete control over those funds to do almost anything you want and stretch out the payment cycle for those funds.

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